Discover, Develop, Operate

Overview

  • open pit copper/gold mine
  • mill processes approx. 18,500 tonnes per day
  • commenced operations 1997
  • current mine life to 2026
  • concentrate trucked to Port of Vancouver
  • mine operations suspended Aug 4, 2014 due to TSF breach
  • modified mine operations restarted Aug 5, 2015
  • mine received authorizations on June 23, 2016 to return to normal operations
  • approval of long-term water management plan received April 7, 2017

Mount Polley is an open pit copper/gold mine with an underground component located in south-central British Columbia, 56 kilometres northeast of Williams Lake. The property encompasses 20,113 hectares, comprised of seven mining leases totalling 2,007 hectares, and 46 mineral claims encompassing 18,106 hectares. Mount Polley mine is owned and operated by Mount Polley Mining Corporation (MPMC), a subsidiary of Imperial.

The Mount Polley mine resumed normal operations in June 2016, following receipt of authorizations from the Ministry of Energy and Mines (MEM) and the Ministry of Environment (MOE). To date, significant progress has been made with our rehabilitation of the areas impacted by the 2014 Mount Polley Breach. Research and monitoring has observed rapid recovery of the impacted environment. The rehabilitation work and monitoring of these areas is ongoing.

MPMC had been operating under a short-term water management plan in effect since November 30, 2015. In October 2016, MPMC submitted its long-term water management plan permit amendment application to MOE. Formal approval of the long-term water management plan received by MPMC on April 7, 2017, following five months of extensive public consultation with First Nations and local communities. The application also underwent a full technical review from the Cariboo Mine Development Review Committee which includes representatives from provincial and federal agencies, First Nations, local governments (City of Williams Lake and Cariboo Regional District), and the community of Likely.

Operations

Mining in the Cariboo pit will be completed in mid-2018, and the mine will then rely on stockpiled ore to provide mill feed for the balance of 2018. Approximately 5 million tonnes of mill tailings were stored in the Springer pit following the resumption of operations in 2015. To remove the tailings from the Springer pit and gain access to the ore beneath, a dredge is being mobilized to pump the tailings from the pit to the repaired and buttressed tailings facility. We expect this to be complete by early 2019.

The 2018 production target for Mount Polley is 17-19 million pounds copper and 44-47 thousand ounces gold.

Annual Production

Years Ended 2017 2016 2015(1)
Copper - 000’s pounds 19,071 25,339 8,007
Gold - ounces 48,009 46,444 15,190
Silver - ounces 36,626 90,125 25,911
(1)Production from August 5 to December 31, 2015


For current and/or additional information, refer to the Company’s Press Releases, Quarter Reports & Annual Information Form.

Update Jan | 2018
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